[PRESS RELEASE – Warsaw, Poland, August 20th, 2024] Flipster, one of the leading crypto derivatives trading platforms, is listing Tether Gold (XAU₮) issued by TG Commodities Limited to its platform, providing users with new opportunities to deposit, withdraw, and convert the gold-backed digital asset. Flipster CEO Yongjin Kim commented: “Tether continues to lead the stablecoin…
Ripple’s price has increased by more than 4.5% in the past 24 hours, pushing its total weekly gains above 6%. While the cryptocurrency’s valuation is seeing a notable uptick, other important metrics are also moving forward. XRP Price Outlook The entire cryptocurrency market has gone through a notable uptick in the past 24 hours, with…
The market opened today in green and SHIB is keen to break higher. Key Support levels: $0.000011 Key Resistance levels: $0.000014 1. SHIB Turns Bullish After a long consolidation in August, SHIB appears to have found a bottom and is ready to explore higher levels. The support at $0.000011 held well and now bulls are…
TL;DR Shiba Inu’s layer-2 solution, Shibarium, saw a significant boost in activity, with daily transactions increasing by 460% and active accounts rising by 360%. Recent upgrades to the protocol, including a new burn mechanism, may positively impact SHIB’s price. Shibarium on the Move Again Shiba Inu’s layer-2 scaling solution has been underperforming lately, processing a…
Bisq 2, the decentralized Bitcoin exchange, has announced the integration of the Lightning Network in its latest release, version 2.1.0. This update introduces faster and cheaper transactions, leveraging the Lightning Network’s off-chain capabilities. Alongside this, Bisq 2.1.0 also features a QR code scanner for easier address and invoice input, enhanced chat functionalities, and improved user…
TLDR VanEck’s plans for a Solana ETF are “still in play” despite the removal of Cboe Global Markets’ regulatory filing (19b-4) from its website. The SEC had discussions with prospective Solana ETF issuers about concerns over Solana’s potential status as a security before the 19b-4 forms were removed. The 19b-4 filings for Solana ETFs have…
TL;DR Cat-themed meme coins surged, leading a meme coin rally that pushed the sector’s market cap above $40 billion. Dogecoin (DOGE) also headed north, potentially boosted by Elon Musk’s recent Dogecoin-related post. Cat-Themed Memes Lead the Pack After a prolonged period of underperforming the meme coin sector has once again headed north. Its market capitalization…
EURC, a Euro-pegged stablecoin by Circle, the issuer of USDC, has reached a market cap of over €50 Million ($55.37 million). According to Patrick Hansen, Circle’s Senior Director, EU Strategy & Policy, the stablecoin has experienced significant growth, registering a 36% increase in its issuance due to its recent launch on base, a Coinbase incubated…
TLDR The Bitcoin Hash Ribbons indicator has signaled a potential end to miner capitulation, according to data from CryptoQuant. Bitcoin mining difficulty reached a new all-time high of 90.66 trillion on August 1, 2024, before adjusting down slightly to 86.8 trillion. Miner profitability (hashprice) fell to record lows of under $36 per petahash per second…
Bitcoin’s price suddenly surged hours ago from about $58,000 to a weekly high of just over $61,000 before retracing slightly. The altcoins have also turned green, and the total market cap has added more than $60 billion since yesterday. BTC Tapped $61K The end of the previous business week saw a substantial decline for bitcoin…